What is a Public Adjuster and How They Help My Insurance Claim

November 12, 2021
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Tereso sobo
Posted in Business
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What is a Public Adjuster? A public adjuster, also known as a claim adjuster, is an independent professional claims handler/ Claims adjuster that supports for the policyholder/insurance provider in negotiating and assisting the covered/ insured’s claim for its compensation. This is done by the insurer to avoid any potential legal entanglements between the parties. There are some differences between the types of Adjusters as well as the obligations that they have.

Some insurance adjusters are self-employed. While most work for a specific company they may also act as independent contractors for other companies. Most public adjusters in Canada are employed by a specific insurance company or a collection agency. Their duties primarily depend on the terms of their employment agreement and the regulations that govern them. It is rare that they will have a contract that allows them to act for both a policyholder and an insurance provider.

Policyholders normally expect their insurance claims process to be fair and even though they do not always get what they are entitled to, they generally are able to receive a reasonable settlement. Because of this reason some public adjusters are considered experts in their particular field. If you are experiencing any difficulties with the claim process of your policy, it is recommended that you seek the help from an experienced professional. If the public adjusters insurance company does not employ professionals they may not have the expertise necessary to deal with your particular insurance claim process.

In most cases policyholders do not realize that there are certain rules that they are required to follow in the insurance claim process. These rules are in place to ensure that the public is able to submit an accurate claim and that the insurance company receives an accurate payment for their services. Policyholders should become familiar with these rules and regulations. By doing so they will be able to better assist the claim adjusters and make the process run smoothly.

Before working as an independent public adjuster, the policyholder must complete the appropriate state certification course. This certification program is offered through the insurance company that they work for. Once the state course is completed the policyholder can work as an independent public adjuster. When you work as an independent adjuster you are in complete control of what you will do and how you will do it. A policyholder will not receive any assistance or guidance from the insurance company during their employment as a public adjuster.

Policyholders that wish to work as independent public adjusters will need to meet requirements and qualifications. To qualify for employment as an independent public adjuster the policyholder must: Be 21 years of age Be an American citizen Be a graduate of an accredited college Have at least a 3.0 grade point average with no grades below a “B” level in each of the four academic subjects Public adjusters are independent agencies therefore they cannot have a specific person in place to manage their duties If an insurance company chooses to hire a public adjuster they are required to hire the person from their company’s employee pool. The insurance company will also conduct an interview of the policyholder to make sure that they are qualified to manage the claims process for that particular company. If a policyholder is hired by an insurance company then they are required to abide by the company’s rules and regulations.

Today there are many independent professional public adjusters that work on insurance claims throughout the country. These professionals belong to professional associations such as the Association of Professional Insurance Claim Underwriters (APIC) and the National Association of Insurance Commissioners (NAICC). Many professional public adjusters that belong to professional associations have been trained by the association and some of these associations have additional licensing requirements for their members.

In order to become a certified public accountant you must pass both the examinations given by the American Institute of Professional Accountants (AIPCA) and the examination given by the National Association of Insurance Commissioners (NAICC). Once you pass these tests you will be considered a Certified Public Accountant by the state you live in. In order to be a certified public accountant you must take and pass the necessary courses in public accounting. There are currently not enough certified public accountants in the United States to fill all the vacancies so training is now being added at all levels to make sure that the greatest number of employees ever licensed is maintained.

National Fire Adjustment Co.
1100 S Service Rd #222,
Stoney Creek, ON L8E 0C5
+1-800-790-2622
nfaco.ca